Solace Power specializes in intelligent wireless power and data transfer technology, catering to industries such as telecom, automotive, medical, aerospace, and defense. The company operates in the advanced technology market, providing solutions that enable power transfer up to 200W and distances up to 250mm, with features like spatial freedom, flexible resonators, and built-in proximity sensing. Solace Power's business model revolves around developing and licensing its proprietary technology to manufacturers and service providers, generating revenue through licensing fees and partnerships. The company has received multiple awards, including the Boeing Silver Supplier Performance Excellence Award, highlighting its industry recognition and reliability.

Keywords: wireless power, data transfer, telecom, automotive, medical, aerospace, defense, spatial freedom, proximity sensing, licensing.